June 2026 Market Refresh.
Last updated: July 22, 2026
This is the current source-backed market panel. Any earlier dated Redfin or Zillow figures elsewhere on this report are supplemental historical snapshots only, not the current refresh.
| Redfin median sale price | $208,886 |
|---|---|
| Year over year | +9.36% |
| Median days on market | 5 median days on market |
| Homes sold | 412 homes sold |
| Zillow ZHVI | $173,202 (+8.10% YoY) |
Springfield IL Redfin median sale price: $208,886 (+9.36% YoY), 5 median days on market, 412 homes sold for the rolling three months ending 2026-06-30 (Redfin Data Center; source updated 2026-07-03). Springfield IL Zillow ZHVI: $173,202 (+8.10% YoY) as of 2026-06-30 (Zillow Research, June 2026). Zillow source label: Zillow Research city ZHVI as of 2026-06-30. Source scope: Redfin Data Center exact city row, rolling three months ending 2026-06-30; source updated 2026-07-03. June 2026 primary fields only. Other on-page figures are older supplemental context unless separately dated. Market data is background context only; property-specific value still depends on condition, title, occupancy, repairs, payoff, liens, and closing timeline.
June 2026 source notice
The refresh panel contains the current Redfin and Zillow primary fields. Other market figures and calculations below retain their displayed source dates and are May 2026 supplemental context unless explicitly dated June 2026.
Springfield IL › Market Report
Springfield IL Housing Market Report — 2026
TL;DR — Springfield IL Market Snapshot
Per Redfin Data Center exact-city row: $181,156 median sale price (+9.79% YoY), 318 homes sold, 521 active listings, 388 new listings, and 14 median days on market for May 2026 supplemental context. Per Zillow Research city ZHVI through May 2026 supplemental context, ZHVI: $168,311.61 (+8.51% YoY). Sale-to-list ratio: 99.15%. 318 homes sold in the reviewed Redfin rolling 3-month city row. Use these as market-context labels, not proof that every property will sell retail quickly.
May 2026 Supplemental Springfield Market Metrics
| Metric | Value | YoY Change | Source |
|---|---|---|---|
| Zillow Home Value Index (ZHVI) | $168,311.61 | +8.51% | Zillow Research city ZHVI through May 2026 supplemental context |
| Redfin Median Sale Price | $181,156 | +9.79% | Redfin Data Center all_cities.csv, city rolling three-month source period labeled May 2026; older supplemental context |
| Median Days on Market (sold) | 14 days | Not disclosed | Redfin Data Center all_cities.csv, city rolling three-month source period labeled May 2026; older supplemental context |
| Redfin Active Listings | 521 | -1.7% | Redfin Data Center all_cities.csv, city rolling three-month source period labeled May 2026; older supplemental context |
| Redfin New Listings | 388 | N/A | Redfin Data Center all_cities.csv, city rolling three-month source period labeled May 2026; older supplemental context |
| Redfin Pending Sales | 366 | -2.62% | Redfin Data Center all_cities.csv, city rolling three-month source period labeled May 2026; older supplemental context |
| Sale-to-List Ratio | 99.15% | +1.56 ppts | Redfin Data Center all_cities.csv, city rolling three-month source period labeled May 2026; older supplemental context |
| Homes Sold | 318 | +1.7% | Redfin Data Center all_cities.csv, city rolling three-month source period labeled May 2026; older supplemental context |
Note: Zillow ZHVI is an average home value index, not a sale price median. Redfin Data Center median sale price ($181,156) reflects the exact-city rolling 3-month transaction row. The divergence reflects different measurement methodologies, not data error. Use Redfin for transaction comps; use ZHVI for market trend context.
Current Springfield City Sources
The June refresh uses a Springfield city Redfin Data Center row and separate Zillow Research city ZHVI. County, metro, and older public-page values are not substituted for the current city fields.
Older Redfin city context below includes prior transaction and listing fields; it is not a substitute for the accepted Redfin rolling-period price, sales, and days-on-market figures in the refresh panel. Price-per-square-foot and public-page competition labels are not presented as current city evidence.
For sellers, this means the market will support a retail listing on a well-maintained property. The question is whether the property condition, your timeline, and the cost of the retail process (agent commission, repairs, carrying costs, potential fallthrough) make retail the right choice vs. a direct cash sale.
Springfield vs. Illinois Statewide Market
| Metric | Springfield IL | Illinois Statewide |
|---|---|---|
| Zillow ZHVI | $168,311.61 | $282,909 |
| ZHVI YoY Growth | +8.51% | +3.8% |
| Redfin Median Sale Price | $181,156 (+9.79%) | ~$295,000 |
| Median Days on Market | 14 days | 51 days |
| Reviewed source hierarchy | Redfin city exact + Zillow city labels | No Redfin metro row used |
Statewide comparison figures are older context only; current Springfield primary fields are the Redfin city rolling-period row ending 2026-06-30 and Zillow city ZHVI as of 2026-06-30 shown in the refresh panel.
Transfer Tax and Closing Costs in Springfield IL
Transfer-tax, recording-fee, title, and closing-cost details are property-specific in the reviewed public sources. Sangamon County Recorder and land-record pages are valid official resources, but property-specific closing costs should be confirmed with the title company before relying on them.
| Sale Price | IL State Tax | Sangamon Co. Tax | Total Transfer Tax |
|---|---|---|---|
| $130,000 | $130 | $65 | $195 |
| Transfer/recording costs | property-specific confirmation required | Confirm with title company | Property-specific |
| $250,000 | $250 | $125 | $375 |
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Neighborhood Price Reference
| Neighborhood | Median Price | Housing Character |
|---|---|---|
| Enos Park | $118,495 | 1880s-1920s Victorian frame and brick cottages; historic district |
| Harvard Park | $92,550 | 1940s-1960s Craftsman bungalows and Cape Cods |
| West Side | Below ZHVI avg | Post-war 1950s-1970s brick ranches |
| South Side | Below ZHVI avg | Mixed aging housing stock; higher investor concentration |
| Capitol / Downtown (62701) | Above avg (historic premium) | State government area; Lincoln tourist district |
| Aristocracy Hill | Above avg | Victorian mansion corridor near downtown |
| Chatham (suburb) | Near ZHVI avg | Growing suburban; newer construction mix |
| Rochester IL (suburb) | Near-to-above ZHVI avg | Commuter suburb east of Springfield |
Neighborhood rows are local context only; the reviewed public sources did not independently verify sub-neighborhood median values. See neighborhoods page for details.
June 2026 source-backed market snapshot.
Springfield IL market data
- Redfin median sale price
- $208,886
- Redfin YoY
- +9.36%
- Median days on market
- 5 median days on market
- Homes sold
- 412 homes sold
- Zillow ZHVI
- $173,202 (+8.10% YoY)
Springfield IL Redfin median sale price: $208,886 (+9.36% YoY), 5 median days on market, 412 homes sold for the rolling three months ending 2026-06-30 (Redfin Data Center; source updated 2026-07-03). Springfield IL Zillow ZHVI: $173,202 (+8.10% YoY) as of 2026-06-30 (Zillow Research, June 2026). Zillow source label: Zillow Research city ZHVI as of 2026-06-30. Source scope: Redfin Data Center exact city row, rolling three months ending 2026-06-30; source updated 2026-07-03. Market data is background context only, not a property-specific offer or value promise.